One of Estonia’s wealthiest businessmen declared a suspect

18.02.2014, 16:30

The police have declared Neinar Seli, chairman of the supervisory board of Port of Tallinn and chairman of the Estonian Olympic Committee, a suspect for violating anti-corruption legislation by participating at a vote in October where Port of Tallinn decided to allocated 250,000 euros to the EOC, writes Eesti Päevaleht.

According to the police, Seli should have abstained from voting because he clearly has a conflict of interest.

If found guilty, Seli could be fined up to 500 daily fine units or go to prison for up to a year.

Seli is one of Estonia’s wealthiest businessmen and a prominent sponsor of the Reform Party.

He has defended himself by saying that one year ago, when he became president of the Olympic Committee, he removed himself from the port's sponsorship committee.